Benefit Trust Committee definition

Benefit Trust Committee means the Benefit Trust Committee appointed pursuant to the terms of the Trust which will have the power to manage and control the operation and administration of this Plan.
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Benefit Trust Committee means the Benefit Trust Committee appointed pursuant to the terms of the Trust which will have the power to manage and control the operation and administration of this Plan. I.7 "Board of Directors" means the board of directors of the Company or the Parent.
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Examples of Benefit Trust Committee in a sentence

  • The Pay Based Deferral for each period shall be posted as of the date determined by the Benefit Trust Committee (but not later than the tax filing deadline for the Company's federal income tax return for the Plan Year with respect to which the Pay Based Deferral relates, including extensions) to the Pay Based Account of each of the Participants for the Plan Year in direct proportion to their Compensation.

  • The Benefit Trust Committee shall have, to the extent appropriate, the same powers, rights, duties, and obligations with respect to this Plan as the committee of the Trust has under the Trust document (other than the power to amend this Plan).

  • A change in Investment Election shall be effective with respect to a Fund on the Trade Date which relates to the Sweep Date on which or prior to which the Benefit Trust Committee receives the Participant's new Investment Election.

  • Any request to make a withdrawal by a member of the Benefit Trust Committee may be approved only by disinterested members of the Benefit Trust Committee, or if none, the Compensation Committee.

  • A Participant may request the withdrawal of any amount from the portion of his or her Accounts (not in excess of the balance of such Accounts) needed to satisfy a financial need by making a withdrawal request in accordance with a procedure established by the Benefit Trust Committee.

  • The decision of the Benefit Trust Committee in such matters shall be final, binding, and conclusive upon the Company and upon each Participant, Beneficiary, and every other person or party interested or concerned.

  • The Company and the Benefit Trust Committee shall not be under any duty to see to the proper application of such payments.

  • A Conversion Election to change a Participant's measurement of investment returns of his or her Accounts in one Investment Fund to another Fund shall be effective with respect to such Funds on and after the Trade Date which relates to the Sweep Date on which or prior to which the Election is received pursuant to procedures specified by the Benefit Trust Committee.

  • A Participant's initial Investment Election will be effective with respect to a Fund on the Trade Date which relates to the Sweep Date on which or prior to which the Investment Election is received pursuant to procedures specified by the Benefit Trust Committee.

  • A Participant must submit a withdrawal request, in accordance with a procedure established by the Benefit Trust Committee, to the Benefit Trust Committee to apply for any type of withdrawal.

Related to Benefit Trust Committee

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Oversight Committee means the committee established to monitor the overall implementation of the Canada-Ontario-AMO-Toronto Agreement.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

  • P&T committee means a committee of the hospital composed of physicians, pharmacists, and other health professionals that evaluates the clinical use of drugs within the hospital, develops policies for managing drug use and administration in the hospital, and manages the hospital drug formulary system. “Physician” means a person who is currently licensed in Iowa to practice medicine and surgery, osteopathic medicine and surgery, or osteopathy. A physician who executes a written protocol with an authorized pharmacist shall supervise the pharmacist’s activities involved in the overall management of patients receiving medications or disease management services under the protocol. The physician may

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Banning Committee means a Committee constituted for the purpose of these guidelines by the competent authority. The members of this Committee shall not, at any stage, be connected with the tendering process under reference.

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Policy Committee means the body created by this Agreement to approve the budget for the Consortium, to develop cooperative approaches regarding countywide GIS and the concerns of each party, and to perform such other functions as are set forth in this Agreement.

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Finance Committee means the Finance Committee of the University;

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Peer review committee means one or more persons acting in a peer review capacity who also serve as an officer, director, trustee, agent, or member of any of the following:

  • Supervisory Committee means the Comisión Fiscalizadora of the Company.

  • Review Committee or “Committee” means a committee established pursuant to rule Chapter 67-60, F.A.C.

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • Claims Administrator means the firm proposed by Class Counsel and appointed by the Courts to administer the Settlement Amount in accordance with the provisions of this Settlement Agreement and the Distribution Protocol, and any employees of such firm.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Plan Administrator means the plan administrator described in Article 8.